PART 2Appointment of Scheme Administrator
Appointment of Scheme Administrator3
1
The Department may appoint a person who has applied to the Department to establish and maintain a tenancy deposit scheme of a description prescribed in Part 3 where the Department has approved that application under the Regulations.
2
The Department must not approve an application where the applicant:—
a
has been convicted of any offence involving fraud or dishonesty;
b
is a bankrupt; or
c
is disqualified from being a director of a company.